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308, 923 15 Avenue SW
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Welcome to The Savoy, a well-maintained concrete boutique building in Calgary’s vibrant Beltline. This spacious 2-bedroom condo with in-floor heat offers the perfect combination of comfort, convenience, and walkability. Fresh paint throughout and brand-new carpet in both bedrooms create a move-in-ready feel from the moment you step inside. The welcoming front entry opens into a bright, open-concept living space featuring an exceptionally large kitchen with stainless steel appliances, abundant cabinetry, a pantry, and an island with a breakfast bar overlooking the dining and living areas. Soaring 9' ceilings enhance the sense of space, while a stylish 3-sided fireplace provides warmth and character, creating a natural separation between the living and dining areas. An updated dining light fixture adds a contemporary touch, and large windows bring in plenty of natural light throughout the home. The private balcony features a gas BBQ hookup and offers one of the longest outdoor spaces in the building. Accessible from both the living room and the primary bedroom, it provides an extension of the living space and a perfect spot to relax. The spacious primary bedroom features a walk-in closet with built-in shelving and drawers, along with convenient access to an oversized bathroom from both the primary bedroom and main hallway. Rarely found in condo living, this expansive bathroom offers a new sink faucet, a deep soaker tub, a separate shower, and an abundance of space. The second bedroom is ideal for guests, a roommate, or a home office. Additional highlights include in-suite laundry and a large in-suite storage room, providing the extra functionality and storage space buyers are always looking for. Located just steps from the restaurants, cafes, shops, and amenities of 17th Avenue, this home also benefits from a surprisingly peaceful setting surrounded by mature trees and established streetscapes. For those who enjoy an active lifestyle, the dedicated bike lane right out side the building makes commuting and exploring the city a breeze. Whether you're looking for your first home, a low-maintenance urban lifestyle, or an excellent investment opportunity, this is a fantastic opportunity to own in one of Calgary’s most sought-after inner-city neighbourhoods. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 17.58 Ft x 11.42 Ft | |
| Bedroom | 17.00 Ft x 8.25 Ft | |
| Foyer | 9.00 Ft x 8.75 Ft | |
| Kitchen | 13.67 Ft x 10.50 Ft | |
| Laundry room | 8.25 Ft x 5.67 Ft | |
| Living room | 28.67 Ft x 12.58 Ft | |
| Primary Bedroom | 20.42 Ft x 13.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.18%
Cap rate
4.63%
GRM
13.6
Break-even rent
$1,964
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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